AIS faces owner reshuffle as Intouch to merge with Gulf Energy

AIS faces owner reshuffle as Intouch to merge with Gulf Energy

Thai billionaire Sarath Ratanavadi has reportedly announced plans to merge his power company Gulf Energy Development with its telecoms unit Intouch Holdings, which owns telco Advanced Info Service (AIS), with the resulting combined entity potentially valued at US$20.5 billion.

Mobile networks key to unlocking AI growth in Africa, says GSMA

Mobile networks key to unlocking AI growth in Africa, says GSMA

Artificial intelligence apps have the potential to boost the African continent’s economic growth by close to US$3 trillion over the next six years – and mobile operators will be key to unlocking that, says the GSMA, the world’s biggest mobile operator association.

Brazil works with IDB to expand fixed broadband coverage

Brazil works with IDB to expand fixed broadband coverage

The Inter-American Development Bank (IDB), a source of long-term financing for economic, social and institutional development in Latin America and the Caribbean, says it has approved a US$100 million loan to Brazil's federal government to improve digital connectivity and expand fixed broadband coverage in the country.